Magnetized cable for improved cable management

A magnetized cable in which the magnetic force of the cable is configured to aid in aligning and maintaining alignment of the cable while the cable is being looped for storage and, when the cable is rolled or looped, the magnetic force will aid in keeping the cable coiled. Embodiments of the magnetized cable include an elongated flexible magnetic component (EFMC) of a pliable polymer such as rubber and/or one or more other suitable materials in combination with magnetic particles comprising iron, neodymium, ferrite, cobalt, nickel, and/or other suitable magnetic elements or compounds. The EFMC may be exposed to a strong magnetic field to produce a permanent magnet. The EFMC may be enclosed within a sheathing material of braided textile yarns or another suitable material.